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February 12, 2026
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Deepak Pandit nominated as ICA representative to MCA Governing Council to liaise on player welfare and contracts.
Deepak Pandit has been nominated as the Representative of the Indian Cricketers' Association to the Mumbai Cricket Association Governing Council, tasked with acting as the primary liaison between players and the MCA, participating in policy formulation affecting contracts, playing conditions, welfare schemes and grievance redressal, and promoting transparency, accountability and the ICA's constitutional and ethical framework within MCA governance.
February 12, 2026
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Vijay Mallya must state whether he will return before his challenge to the fugitive economic offender tag is heard.
The admissibility of a challenge to the Fugitive Economic Offender designation and the constitutional validity of the FEO Act is made contingent on a petitioner's clear affidavit stating whether he will return to the jurisdiction; the court treated this return requirement as essential to prevent abuse of process while extradition and enforcement actions, including property attachment under money laundering and loan default proceedings, are pending.
February 12, 2026
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Free Trade Agreements encourage exporters to expand markets; tariff rollback and Export Promotion Mission boost export competitiveness.
FTAs are presented as the primary tool to expand exporters' access to developed markets, with industry urged to improve quality and competitiveness to use preferential access. The recent elimination of an additional 25% US tariff is identified as restoring competitive market access for priority sectors. The Export Promotion Mission provides operational support through Interest Subvention for export credit, Collateral Guarantee for MSME export credit and targeted market access measures, with further trade finance, logistics, compliance and branding interventions to be phased in.
February 12, 2026
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Financial inclusion roadmap to expand banking access, formal credit, insurance and pensions, and boost digital payments nationwide.
A national roadmap, Financial Inclusion 2.0, will expand banking access, augment village banking infrastructure, extend formal credit to women and vulnerable groups, and achieve insurance and pension coverage for all by 2047, while promoting digital financial products and transactions and strengthening financial/digital literacy and fraud awareness.
February 12, 2026
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NSSTA celebrates 18th Foundation Day focused on reimagining capacity building for official statistics, AI readiness, and data harmonization.
NSSTA will celebrate its 18th Foundation Day on 13 February 2026 under the theme Reimagining Capacity Building for Official Statistics to achieve Viksit Bharat@2047, emphasizing institutional capacity building, AI/ML and big data adoption, data harmonization for AI readiness, and training for Central, State/UT and international participants to strengthen evidence-based governance.
February 12, 2026
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Base year revision for GDP, CPI and IIP announced with new methods, surveys and scheduled 2026 releases.
The Ministry has proposed base year revisions: GDP and IIP to 2022-23 and CPI to 2024, with methodological improvements, new data sources and updated survey weights. The exercise uses PLFS, HCES and ASUSE survey results, is overseen by Technical Advisory Committees/Expert Groups and informed by consultative workshops. New series releases are scheduled for 27 February 2026 (GDP), 12 February 2026 (CPI) and May 2026 (IIP). Transparency and accuracy measures include digital data collection with validation, an Advance Release Calendar, the e-Sankhyiki portal for unit-level data, regular stakeholder dialogues and a National Meta Data Structure.
February 12, 2026
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PAIMANA centralises large project monitoring, using API integration for automatic reporting and reduced manual data entry.
The Ministry has deployed the PAIMANA portal to centralise monitoring of projects costing Rs.150 crore and above, replacing OCMS-2006 and implementing One Data One Entry via API integration with the DPIIT portal so that ministries and implementing agencies automatically feed project updates into a centralized repository for automated analytical reporting and reduced manual entry.
February 12, 2026
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Evidence-based policymaking strengthened via statistical modernization, digital surveys, revised macroeconomic indices, and state capacity building.
The Ministry modernised official statistics to strengthen evidence-based policymaking by digitising National Sample Surveys with CAPI integrated into e SIGMA, initiating short duration high frequency surveys, revising macroeconomic series (GDP, CPI, IIP), implementing NMDS 2.0 and SQAF for harmonisation, and enhancing dissemination via web, mobile, portals and APIs while supporting state statistical capacity and training through the SSS Sub Scheme and NSSTA.
February 12, 2026
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MoSPI reforms modernise national surveys with digital CAPI, district-level sampling and state capacity support for policymaking.
MoSPI modernises the National Sample Survey through digital platforms-CAPI integrated with e-SIGMA, validation checks, AI chatbots and multilingual interfaces-and revises sampling to adopt district as the basic stratum for district-level estimates. It also promotes state statistical capacity via the Support for Statistical Strengthening sub-scheme to improve collection, compilation and dissemination of reliable official statistics.
February 12, 2026
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Free trade agreement expands market access for organic food, reduces tariffs but requires harmonised certification to realise export gains.
The India-EU free trade agreement will expand market access for organic food by eliminating and reducing import duties on hundreds of goods, creating substantial export opportunities estimated at USD 60 billion and opening a market of about 140 crore consumers. Realisation of these trade gains depends on resolving certification and compliance burdens; industry calls for harmonised organic certification recognition and strengthened testing laboratories, with APEDA positioned to support exporters and promote organic supply capacity.
February 12, 2026
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Rupee rises as foreign inflows and suspected RBI intervention boost liquidity amid oil price and trade-policy uncertainty.
The rupee rose to 90.40 per US dollar, supported by foreign fund inflows and suspected RBI intervention that kept systemic liquidity near Rs 3 trillion, while elevated crude prices and US-India trade-framework uncertainty restrained risk appetite and influenced market sentiment.
February 12, 2026
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US-India trade framework commits India to buy $500 billion of US goods and reduce tariffs on industrial and agricultural products.
The bilateral framework commits India to eliminate or reduce tariffs on US industrial goods and a wide range of food and agricultural products and obliges India to purchase USD 500 billion of US products over five years, specifying energy products, aircraft and parts, precious metals, technology products, and coking coal, while reaffirming continuation of broader Bilateral Trade Agreement negotiations to secure additional market access and supply chain resilience measures.
February 11, 2026
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IRCTC scam case: prosecution says later-obtained sanction preserves charges if no prejudice to accused is shown.
The prosecution argued that absence of prior official sanction did not bar framing of charges because a sanction can be obtained later without causing prejudice; sanction was in fact taken during pre-trial proceedings and defendants have not shown specific prejudice, while the question whether immunity from prosecution affects cognisance is a matter for trial.
February 11, 2026
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Direct tax collections rose 9.4% to Rs 19.44 lakh crore till Feb 10 on higher corporate receipts and lower refunds.
Net direct tax collections increased 9.4% to Rs 19.44 lakh crore through February 10, supported by a 14.51% rise in corporate tax to Rs 8.90 lakh crore and a 5.91% increase in non corporate taxes to Rs 10.03 lakh crore. Securities Transaction Tax receipts were nearly flat at Rs 50,279 crore, while tax refunds fell 18.82% to Rs 3.34 lakh crore. Gross direct tax receipts rose 4.09% to Rs 22.78 lakh crore, with gross corporate and non corporate mop ups of Rs 10.88 lakh crore and Rs 11.39 lakh crore respectively, against a Revised Estimate of Rs 24.84 lakh crore.
February 11, 2026
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Trade unions call a nationwide strike to oppose privatisation measures, demand pension restoration and oppose 100% FDI in insurance.
A joint forum of central trade unions has called a nationwide one-day strike affecting multiple public services to oppose policies seen as enabling privatisation and corporate access, demand withdrawal of the Electricity Amendment and related policy proposals, restore the Old Pension Scheme for power employees, oppose 100% FDI in insurance, roll back recent labour code measures and related bills, and press for stopping outsourcing and regular recruitment and regularisation of outsourced workers.
February 11, 2026
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National Productivity Week 2026 spotlights cluster-based growth for MSMEs to boost productivity and global value chain integration.
The National Productivity Council will observe the 68th National Productivity Week (12-18 February 2026) under the theme Clusters as Growth Engine: Maximizing Productivity in MSMEs, promoting cluster-led development to accelerate productivity and global value chain integration. NPC will run nationwide events through its 12 Regional Directorates and 24 Local Productivity Councils, working with central and state ministries, industry associations and academia. As an autonomous society under the Department for Promotion of Industry and Internal Trade, NPC provides consultancy, training and research across multiple technical and management domains to support MSME competitiveness and sustainable industrialisation.
February 11, 2026
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India's organic regulation strengthens export readiness at BIOFACH, urging India EU mutual recognition to expand organic trade.
India emphasised amendments to the National Programme for Organic Production enhancing credibility and international alignment, and urged early conclusion of a Mutual Recognition Agreement on organics with the European Union to enable reciprocal certification acceptance and expand bilateral organic trade, supported by APEDA-led market promotion and capacity-building measures for exporters, certification bodies and farmer organisations.
February 11, 2026
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SBI becomes fourth most valuable listed firm as strong quarterly results lift market capitalisation and profits.
SBI overtook TCS as the fourth most valuable listed company after its shares rose and market capitalisation increased. The bank disclosed record standalone profit of Rs 21,028 crore and consolidated profit of Rs 21,317 crore for the December quarter; standalone core net interest income grew 9.04% to Rs 45,190 crore on about 15.14% loan growth and a domestic net interest margin of 3.12%. Non interest income rose 15.65% to Rs 8,404 crore while total expenses rose to Rs 1,08,052 crore, as reported in a regulatory filing.
February 11, 2026
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RBI draft amendments target advertising, marketing and sales practices by banks and NBFCs to curb dark patterns and mis selling.
RBI has issued draft Amendment Directions to expand regulatory requirements on advertising, marketing and sales of financial products and services by all banks and NBFCs, covering Direct Sales/Marketing Agents, dark patterns and prevention of mis selling, and proposes corresponding amendments to Responsible Business Conduct and Undertaking of Financial Services Directions for various categories of regulated entities.
February 11, 2026
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IN-SPACe selects three firms to develop modular small satellite buses with grants and infrastructure support for hosted payloads.
IN-SPACe selected three private firms under the SBaaS initiative to develop modular, scalable small satellite bus platforms, awarding milestone linked grants and facilitating access to ISRO/DoS and IN-SPACe infrastructure, testing facilities, and technical expertise to support development, demonstration, and subsequent hosted payload missions.

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Naidu in Delhi: AP CM seeks Centre's nod for Polavaram project, Rs 1,211 crore farm funds

February 10, 2026

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New Delhi, Feb 10 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday met several Union ministers seeking the Centre's intervention for expediting the Polavaram irrigation project, release of Rs 1,211 crore pending under various farm schemes, and expansion of railway infrastructure in the state.

During his visit to the national capital, Naidu held separate meetings with Union ministers for Jal Shakti, Agriculture, Railways, Home and Finance, Housing and Urban Affairs and Steel pressing for financial assistance and approvals across key sectors.

POLAVARAM PROJECT AND WATER DISPUTE ----------------------------------------------- In a meeting with Union Jal Shakti Minister C R Patil, Naidu urged the Centre to permanently revoke the stop work order on the Polavaram Project, stating that the order continues to obstruct the smooth execution of the project, an official statement said.

He sought reimbursement of the increased costs incurred due to capacity enhancement of the Polavaram right and left main canals and appealed for full financial assistance for Polavaram Phase II, which includes land acquisition, rehabilitation and resettlement, and construction of protective embankments.

Naidu informed the Union minister that Phase II alone requires an additional funding of about Rs 32,000 crore.

The chief minister also presented proposals for the Polavaram-Nallamala Sagar Link Project, aimed at diverting surplus Godavari floodwaters to drought-prone regions.

He described the project as a crucial lifeline that would meet drinking water, irrigation, and industrial needs, and requested approvals, along with technical and financial support under the National River Linking Policy.

Raising inter-state concerns, the chief minister urged early resolution of the Andhra Pradesh-Odisha Vamsadhara river water dispute. He pressed for the final report of the Vamsadhara Water Disputes Tribunal to be notified in the gazette without delay, stating that this would clear the way for the construction of the Neradi Barrage on the Vamsadhara river.

He also highlighted the continuing dispute between Andhra Pradesh and Telangana over the sharing of Godavari waters and called for immediate constitution of the Godavari Water Disputes Tribunal to ensure equitable river water allocation.

Expressing objections to Karnataka's move to increase the height of the Almatti Dam on the Upper Krishna, Naidu cautioned that such a move would have serious adverse impact on downstream water availability for Andhra Pradesh.

AGRICULTURE FUNDING AND ORGANIC PUSH ------------------------------------------------- In his meeting with Union Agriculture Minister Shivraj Singh Chouhan, Naidu sought release of Rs 1,211 crore pending funds under various central farm schemes. He pressed for immediate release of Rs 216 crore under the PM PRANAM scheme, Rs 200 crore central assistance for coconut cultivation development, Rs 695 crore pending under the Per Drop More Crop scheme, and Rs 100 crore as the Centre's share under the Price Deficiency Payment System for mango farmers for the 2025-26 season.

Informing the Union minister about the state's progress in reducing chemical fertiliser usage, Naidu said Andhra Pradesh has achieved a 2.28 per cent reduction during 2024-25 crop year (July-June).

He said the state government is aggressively promoting organic and natural farming with 18 lakh farmers already giving consent to adopt organic farming practices across nearly eight lakh hectares.

The CM also sought the establishment of a Makhana Development Board in the state, informing Chouhan that nearly 50,000 acres in Kolleru Lake region are suitable for makhana cultivation.

RAILWAY EXPANSION AND CONNECTIVITY ---------------------------------------------- In a meeting with Union Railway Minister Ashwini Vaishnaw, Naidu submitted a detailed memorandum seeking completion of ongoing railway projects, sanction of new railway lines and introduction of additional train services in Andhra Pradesh.

He requested that the Bengaluru-Chennai high speed rail corridor be extended to connect Tirupati and sought that the Railway Minister issue a gazette notification to commence operations of the South Coastal Railway Zone from April 1.

He requested the establishment of greenfield mega coaching terminals at Vijayawada, Visakhapatnam, Tirupati, and Amaravati. He also sought cooperation for setting up a dedicated freight corridor between Itarsi and Vijayawada and proposed the East Coast Freight Corridor between Kharagpur and Chennai via Vijayawada.

The Chief Minister also requested operating a Vande Bharat train service between Vijayawada and Bengaluru via Tirupati.

SWACH ANDHRA AND ZERO LANDFILL TARGET --------------------------------------------------- Chief Minister Naidu met Union Minister for Housing and Urban Affairs Manohar Lal Khattar and discussed Andhra Pradesh's flagship Swachh Andhra initiative being implemented as part of the Swachh Bharat programme.

The Chief Minister briefed the Union Minister on the comprehensive steps being taken by the state government to strengthen waste management systems and transform Andhra Pradesh into a Zero Landfill State.

He informed that a detailed action plan has been prepared under Swachh Bharat Mission Urban 2.0 with an estimated outlay of Rs 276 crore to achieve zero landfill status across urban local bodies in the state.

The chief minister requested approval of Rs 105 crore as the Centre's share to support the implementation of the zero landfill action plan.

VIZAG STEEL PLANT REVIVAL -------------------------------- Naidu met Union Minister for Steel HD Kumaraswamy and expressed gratitude to the central government for its support in putting the Visakhapatnam Steel Plant (RINL) back on the path of profitability.

The chief minister informed the Union Minister that the turnaround of Vizag Steel Plant was made possible due to the financial assistance extended by the Centre, strong support from the Andhra Pradesh government, and the determination and hard work of the plant's workers and employees.

He stated that RINL has not only returned to profits but is also operating at full capacity, marking a significant milestone for the iconic public sector steel plant.

Naidu also met Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman and discussed key state-related issues, including ongoing and proposed projects, and sought the Centre's support on funding and approvals. PTI LUX TRB

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